Category:

Disaster & Management

New record of 142 global Nat Cat events globally, USD108 billion insured losses in 2023: Swiss Re

New record of 142 global Nat Cat events globally, USD108 billion insured losses in 2023: Swiss Re

Moses Ojeisekhoba, Swiss Re's CEO Global Clients & Solutions, says: "As weather hazards intensify due to climate change, risk assessment and insurance premiums need to keep up with the fast-evolving risk landscape. Looking ahead, we must focus on reducing the loss...

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Northern winter storms in India now more frequent in summer, raise risk of heavy flooding: study

"The loss of winter snow and the increasing late-season storms that heighten flood risks is a one-two suckerpunch that underscores the urgent need to respond to the far-reaching impacts of climate change in this sensitive region," Kieran Hunt and a co-author of the...

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Odisha signs MoUs to develop landslide early warning & multi-hazard impact-based warming dissemination systems

These collaborations will strengthen the government’s preparedness for managing disasters through impact based forecasting, early warning dissemination and last mile connectivity. This will empower the people of Odisha to leverage technology to mainstream disaster...

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Fast-growing Asian economies China, India,Thailand and  Philippines most vulnerable to climate change: Swiss Re Report

Fast-growing Asian economies China, India,Thailand and Philippines most vulnerable to climate change: Swiss Re Report

Risk reduction through adaptation fosters insurability. The insurance industry is ready to play an important role by catalysing investments in adaptation, directly as a long-term investor and indirectly through underwriting climate-supportive projects and sharing risk...

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